The New Delhi-based private equity real estate firm is plotting to transfer approximately $1.5 billion of existing offices under management to a new investment vehicle giving some of its investors continued exposure to the assets beyond the life of its opportunistic funds.
3 min read · 04 September 2013
The largest pension fund in the US has brought its backing of Singapore-based real estate investment manager ARA Asset Management to $1.3 billion after re-upping to a separate account mandate with Singapore-based ARA Asset Management focused on China.
3 min read · 04 September 2013
CITIC Securities has taken 100 percent control of CLSA, the Asia-based brokerage and investment manager with a real estate arm for a total of $842 million.
2 min read · 04 September 2013
After consulting with its investors, the Indian fund manager has changed its second fund into more of a club offering with an increased target size, and has held a first close on $240 million.
2 min read · 04 September 2013
The Tokyo-based private equity real estate firm is expecting to reach its $1 billion fundraising target, a record for the firm, by the end of next month.
2 min read · 28 August 2013
In the effort to improve returns, the Chinese sovereign wealth fund sharply increased its allocation to 'long-term investments', including real estate.
2 min read · 28 August 2013
The real estate investment arm of the global bank is committing about $175 million of equity in a development project in central Mumbai in one of the final transactions out of its MSREF VII Global opportunistic fund.
2 min read · 28 August 2013
The Singapore-based property developer and fund manager and CIMB Group, Malaysia’s second largest financial services provider, have collected the first round of capital commitments for their second Malaysia-focused real estate fund.
2 min read · 28 August 2013
The Chicago-based firm has raised $192 million in a first closing for its LaSalle Asia Opportunity Fund IV but reduced its fundraising target to $500 million from $750 million, according to a note to investors obtained by PERE this month. It has enjoyed comparatively more success raising $431 million for its third Japanese logistics fund.
3 min read · 28 August 2013
The New York-based private equity and real estate giant is shifting away from a heavy US focus and pursuing more real estate opportunities in Europe, Asia and Latin America. The firm also held a final close for its latest real estate debt fund.
3 min read · 28 August 2013
